o Acquisition of highly prospective land holding with extensive REE-U pegmatites mapped at surface in the Yinnietharra region in the Gascoyne Province of Western Australia (Project)
o Project located ~80km from the Company’s recently settled Rare Earth Project Acquisition from Skyline Resources Corporation Pty Ltd 1 which is located 20km east of Hastings Technology Metals Limited’s (HAS) Yangibana REE Project
o Surface sampling results show elevated levels of critical metals including heavy and light rare earths including the Actinides (Thorium and Uranium 3)
o Small scale alluvial and primary pegmatite mining undertaken targeting beryl, mica, bismuth, tantalum, and niobium
o Extensive pegmatites mapped at surface warranting drill testing
o The global rare earths market was valued at around US$2 billion in 2020, and is forecast to grow to around US$12 billion by 2030, up an average 16% a year 2
